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A company manufactures flat screen TV for global market.This industry requires total manufacturing cost of RM500,000 to produce 100 units of TV per month.The production
A company manufactures flat screen TV for global market.This industry requires total manufacturing cost of RM500,000 to produce 100 units of TV per month.The production can be increased to 150 units per month with total manufacturing cost of RM600,000.
(i)Formulate linear equations for this case
(ii)Determine the fixed cost (FC) and variable cost (VC)
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